Job Description :

Help protect clients and markets by ensuring collateral moves accurately and on time. You'll work at the heart of post-trade operations, where your attention to detail and client focus directly reduce credit risk and support funding efficiency. We'll support your growth through exposure to multiple products, market structures, and cross-regional partners. If you enjoy solving complex breaks, improving processes, and working in a fast-paced environment, you'll thrive here. We're committed to building an inclusive team where you can do your best work.

As a Margin and Collateral Management Analyst as part of Asia Collateral Middle Office, you'll manage daily margin and collateral workflows that support credit risk mitigation, client financing, and fee-based activity. You'll issue and respond to margin calls, agree collateral movements, and monitor settlement through to completion. You'll investigate portfolio breaks, resolve disputes, and escalate sensitive items with strong judgment and clear communication. You'll partner with regional and global teams to deliver accurate reporting and continuously improve how we operate.

Our team supports a broad set of products, including over-the-counter (OTC) derivatives, foreign exchange (FX), repurchase agreements, loans, and centrally cleared activity. We manage high daily call volumes, reconcile portfolios, monitor settlements, and support regulatory reporting. You'll collaborate closely with front office, risk, credit, settlements, and technology partners to keep client service strong and controls tight.

Job responsibilities

Generate and distribute margin calls and collateral statements across standard and non-standard collateral agreements
Issue and respond to incoming collateral calls by validating exposure, methodology, and agreement terms
Agree collateral type and amounts with counterparties and internal stakeholders, ensuring eligibility and operational readiness
Reconcile trading portfolios to identify breaks driving margin differences and disputes
Investigate, resolve, and escalate collateral disputes and settlement fails in a timely, controlled manner
Monitor collateral movements (cash and securities) from the margin platform through downstream settlement systems
Calculate and agree interest on cash collateral and manage month-end processes and reconciliations
Track and confirm settlement completion for collateral movements and follow up on fails until closure
Maintain accurate records, controls, and reconciliations for collateral balances and related ledger entries
Coordinate collateral requirements for centrally cleared trades with central counterparties (CCPs)
Improve processes by identifying root causes, partnering with technology/project teams, and implementing sustainable fixes

Required qualifications, capabilities, and skills

Bachelor's degree in Finance, Accounting, or a related discipline
Demonstrated experience in an operations, middle office, or client service role within financial services
Strong understanding of margining and collateral concepts (cash and securities) and how they support credit risk mitigation
Proven ability to manage high volumes with strong attention to detail and consistent follow-through
Strong written and verbal communication skills, including confident client-facing communication
Ability to investigate issues using data, identify root causes, and document clear outcomes
Proficiency with Microsoft Outlook, Excel, and Word
Sound judgment, including knowing when and how to escalate risk-sensitive items
Ability to prioritize effectively and work across multiple tasks and deadlines

Preferred qualifications, capabilities, and skills

Knowledge of International Swaps and Derivatives Association (ISDA) documentation and Credit Support Annex (CSA) terms
Knowledge of the Global Master Repurchase Agreement (GMRA) and/or loan collateral agreements
Experience supporting OTC derivatives, repurchase agreements, securities financing, and/or centrally cleared margin processes
Experience with dispute management, portfolio reconciliation, and settlement lifecycle workflows
Skills in automation (for example, Excel macros or Visual Basic for Applications (VBA)) to streamline recurring tasks
Experience partnering with technology and change teams to implement process improvements
Familiarity supporting Asia-Pacific market coverage and cross-regional operating models

Margin & Collateral Analyst